algebra

posted by .

if investor invested $1600 in two mutual funds and one made of profit of 6% and one of 9% and total profit $108 what was the amount of two funds

  • algebra -

    amount at 6% ---x
    amount at 9% ---- 1600-x

    solve for x:
    .06x + .09(1600-x) = 108

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Mat/116

    An investor invested $3,400 in two mutual funds.One fund earned a 6%profit while the other earned a 3% profit. If the investor's total profit was $144,how much was invested in each mutual fund?
  2. Algebra

    An investor invested a total of $2000 in two mutual funds. One fund earned 9% profit while the other earned a 6% profit. If the investor's total profit was $129, how much was invested in each mutual fund?
  3. Algebra

    An investor invested a total of $1400 in two mutual funds. One fund earned a 6% profit while the other earned a 2% profit. If the investor's total profit was $72, how much was invested in each mutual fund?
  4. Algebra

    An investor invested a total of 2900 in two mutual funds. One fund earned a 9% profit the other earned a 5% profit. If the investors total profit was $217 how much was invested in each mutual fund.
  5. algebra

    An investor invested a total of $500 in two mutual funds. One fund earned a 8% profit while the other earned a 4% profit. If the investor's total profit was $32, how much was invested in each mutual fund?
  6. algebra

    An investor invested a total of $2,600 in two mutual funds. One fund earned a 5% profit while the other earned a 3% profit. If the investor's total profit was $98, how much was invested in each mutual fund?
  7. math

    an investor invested a total of $2,900 in two mutual funds. One fund earned a 7% profit while the other earned a 2% profit. If the investor's total profit was $108, how much was invested in each mutual fund?
  8. Algebra

    An investor invested a total of 1,400 in two mutual funds. One fund earned a 8% profit while the other earned a 3% profit. if the investor's profit was $67, how much was invested in each mutual fund?
  9. algebra

    An investor invested a total of $2200 in two mutual funds. One earned 5% profit while the other earned a 3% profit. If the investor's total profit was $86, how much was invested in each mutual fund?
  10. Algebra

    An investor invested a total of $1900 in two mutual funds. One fund earned a 6% profit while the other earned a 2% profit. If the investor's total profit was $94, how much was invested in each mutual fund?

More Similar Questions